13 One Mile Road, East Ferris, ON

$219,500
MLS#:X12392444
0 beds
0 baths
< 700 sqft
Residential Freehold
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Property Highlights

Welcome to this remarkable vacant land located in the coveted neighborhood of East Ferris. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $219,500 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 0 Bedrooms and 0 Bathrooms
  • Generous living space spanning < 700 sqft on a premium 245.83 x 985.68 ft lot
  • Notable attributes: None

Description

Serene 8+ Acre Residential Lot Ready to Build in a prime location. Discover the perfect blend of privacy and tranquility with this sprawling 8+ acre residential building lot. Surrounded by tall trees, this property offers a country-living feel while still being accessible. A partially cleared area makes it easier to begin building your dream home, and the existing drilled well adds even more value. Whether you're looking to create a private retreat or a spacious family home, this lot provides the ideal setting just minutes away from Trout lakes public boat launch and the city of North Bay.

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Property Summary

This vacant land located at 13 One Mile Road, East Ferris is currently for sale and has been available on SousaSells for 311 days. This property is listed at $219,500 with an estimated mortgage of $731* per month. It has 0 beds, 0 bathrooms, and is < 700 square feet. 13 One Mile Road, East Ferris is in the East Ferris neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

000
Living Area
< 700 sqft
Property Type
Residential Freehold

Additional Details

StatusTerminated
Listed Date9/9/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeVacant Land
Lot Size245.83 × 985.68 Feet
CountyNipissing
Annual Tax$560
Legal DescriptionLOT 13, PLAN 36M717 SUBJECT TO AN EASEMENT IN GROSS OVER PART 1, 36R15155 AS IN BS234922 TOWNSHIP OF EAST FERRIS

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Features

Property Features

Interior Features

None

Security Features

Community Features

Location

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13 One Mile Road, East Ferris, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 13 One Mile Road, East Ferris, ON P0H 1K0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in East Ferris.

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Interest Rate4.00%
Down Payment$65,850 (30.0%)
* Minimum Canadian down payment required for this price is $10,975.
Amortization Period30 Years
Estimated Monthly Payment$731Based on a loan of $153,650 over 30 years.
Purchase Price$219,500
Loan Amount$153,650
Provincial Land Transfer Tax:$1,920
Total Estimated Closing Taxes:$1,920

About Purchasing a Home in East Ferris, ON

For a property listed at $219,500 in East Ferris, the legal minimum down payment is $10,975 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $1,920 for this transaction. As this listing is in East Ferris (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $1,920.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for East Ferris, East Ferris.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$725,407

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

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Secondary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.